Press release
Veterinary Orthopedic Treatment Market projected to reach $153, 612 million at a CAGR of 6.2% from 2018 to 2025 | Top Key Players - Adobe Animal Hospital, Allandale Veterinary Hospital, Boca Park Animal Hospital
Veterinary Orthopedic Treatment Market Overview :Animals suffer from various orthopedic conditions such as cruciate ligament tear, hip dysplasia, elbow dysplasia, bone fractures and others. These affect the bones, joints, and tissues, which could result in abnormal movement, instability, and lameness. The treatment of these conditions in severe cases requires surgical procedures, implants, or the pain reducing drugs.
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The global veterinary orthopedic treatment market was valued at $94, 708 million in 2017 and is projected to reach $153, 612 million at a CAGR of 6.2% from 2018 to 2025. Increase in ownership of companion animals, growth in demand for pet insurance, rise in animal healthcare expenditure, and surge in cases of obesity in pets drive the growth of the veterinary orthopedic treatment market. However, lack of animal health awareness and high cost of surgeries are expected to hamper the market growth.
Conversely, advancement in therapeutic and diagnostic products and no requirement of government approvals for veterinary devices are anticipated to provide lucrative growth opportunities for the key players.
The global veterinary orthopedic treatment market is segmented into procedure, animal type and region. Based on procedure, the market is categorized into cruciate ligament tear, patellar luxation, hip dysplasia, elbow dysplasia, bone fracture, and osteoarthritis management. Based on animal type, the market is differentiated into dog, cat, and other animal types. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits for Veterinary Orthopedic Treatment Market :
• The study provides an in-depth analysis of the global veterinary orthopedic treatment market with current trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
• A comprehensive analysis of factors that drive and restrict the market growth is provided.
• Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on global and regional scales are provided.
• The profiles of key players and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
Veterinary Orthopedic Treatment Key Market Segments :
By Procedure
• Cruciate Ligament Tear
• Patellar Luxation
• Hip Dysplasia
• Elbow Dysplasia
• Bone Fracture
• Osteoarthritis Management
By Animal Type
• Dog
• Cat
• Other Animal Types
By Region
• North America
• Europe
• Asia-Pacific
• LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Adobe Animal Hospital, Allandale Veterinary Hospital, Boca Park Animal Hospital, Broadleys Veterinary Hospital, Goddard Veterinary Group, Mars, Incorporated, Northwest Veterinary Specialists, the Animal Medical Center, School of Veterinary Medicine (University of Pennsylvania), Upper Canada Animal Hospital
(These players are not profiled in the report, however can be included on request)
Airpark Animal Hospital, Adams Animal Hospital, Palo Verde Animal Hospital .
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Table Of Contents @
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.3.1. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. MARKET DYNAMICS
3.2.1. Drivers
3.2.1.1. Growing demand for pet insurance
3.2.1.2. Growing ownership of companion animals
3.2.1.3. Rising animal health expenditure
3.2.1.4. Rise in cases of obesity in pets
3.2.2. Restraints
3.2.2.1. Lack of animal health awareness
3.2.2.2. High cost of surgeries
3.2.3. Opportunities
3.2.3.1. Advancement in veterinary medicine
3.2.3.2. No requirement of regulatory approvals for veterinary devices
3.2.4. Impact analyses
CHAPTER 4: VETERINARY ORTHOPEDIC TREATMENT MARKET, BY PROCEDURE
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